Georgetown, ME is a small town with a population of about 1,540. It is located in Sagadahoc County and is a quaint place to live. The cost of living is relatively low when compared to the US average, with 2 bedroom rents for $1,000 and grocery costs at 115 index points versus 100 in the US. There are many great local companies in Georgetown ranging from fishing charters to restaurants. For those looking for outdoor activities, McLoon Lobster Co. offers seafood tours and lobster bakes on the harbor side while Tap & Tavern provides delicious pub food right downtown. Other establishments include Fisherman's Catch Restaurant and The Dutchman's Daughter. With its coastal charm and affordable rent prices, Georgetown makes an ideal place to call home.
Georgetown has an unemployment rate of 4.0%. The US average is 6.0%.
Georgetown has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Georgetown
- The Sales Tax Rate for Georgetown is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Georgetown is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Georgetown
- The average income of a Georgetown resident is $33,554 a year. The US average is $28,555 a year.
- The Median household income of a Georgetown resident is $74,318 a year. The US average is $69,021 a year.